Ireland is the most desired global destination for jobs created by inward investment, a new report has revealed.
According to RTE, an IBM’s Global Trends Report 2010 has put Ireland ahead of other foreign direct investment locations, such as Singapore, Hungary and the Czech Republic.
The report shows that Ireland is the top location on the foreign direct investment list, moving one place higher to ninth on an R&D jobs total (ahead of Hungary, Singapore and Brazil) , and Dublin has moved to 15th place in the list of cities by number of investment policies.
Improvement from 2009 report
These rankings come as a significant improvement, as Ireland did not even breach the top 20 of the top-ranking destination countries by estimated jobs in the 2009 report.
Chief executive of IDA Ireland, Barry O’Leary, welcomed the report: “Ireland’s ranking in first place globally, for jobs by inward investment injects renewed confidence into Ireland’s reputation as a leading location for foreign direct investment (FDI). This positive impact is further enhanced with top 10 rankings for both estimated total jobs in research and development (R&D) and for jobs in business support services.”
IBM’s Global Location Trends reports are based on analysis of data from IBM’s proprietary Global Investment Locations Database (GILD), which records investment project announcements around the world on an ongoing basis.